Honestly, this "bottom" is pretty weak. There are signs of incredible resiliency, but there's a breaking point for traders, and the market FUD/suppression/over-selling in order to orchestrate whales buying the dip to $30k-$35k might have been too aggressive. Bitcoin should/could claw back to $40k this weekend, which wouldn't be terrible, but it likely won't push through to $42,500 yet. Longs at today's earlier "dip" that are being currently retested should result in a bounce (maybe), but without influx of new cash, USDT outflow, or BTC.D increase from alt-sell off, $40k touch to a lower-low will be likely.
Here's hoping some random hedge fund buys 100,000BTC like magic tomorrow afternoon, and we all buy lambos on Monday.
Here's hoping some random hedge fund buys 100,000BTC like magic tomorrow afternoon, and we all buy lambos on Monday.